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Please find the interest rate for the following: A mortgage company offers to lend you $85,000; the loan calls for payments of $8,642.85 at the

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Please find the interest rate for the following:

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A mortgage company offers to lend you $85,000; the loan calls for payments of $8,642.85 at the end of each year for 30 years. What interest rate is the mortgage company charging you? Do not round intermediate calculations. Round your answer to two decimal places. %

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